Funds committed for Anglesey development
More than £4m of EU funding has been committed to the construction of business units on Anglesey.
The development at Bryn Cefni Business Park will provide more than 14,000 sq ft of office, light industrial and storage space for businesses on the former Môn Training site and more than 8,000 sq ft of office space at the Anglesey Business Centre.
The construction is part of wider plans to develop Anglesey’s Enterprise Zone and Energy Island programme. Work is expected to begin in early 2018 with the units being ready for businesses in early 2019.
Prof. Mark Drakeford, cabinet secretary for finance in the Welsh Government, said: “I am delighted EU funds are being invested to construct high quality business premises to support the growing employment and supply chain opportunities stemming from the nuclear and energy sector in the region.
“This will help create a business-ready employment hub that will assist the region to attract inward investment and capitalise fully on the developments created by the Energy Island programme.”
Other EU-backed business premises in the area include seven units on the Llangefni site and the construction of the nearby Menai Science Park, currently underway.
The Energy Island programme includes projects such as Horizon’s proposed nuclear power station at Wylfa and the exploration of tidal energy off the west coast.
Earlier this year, economy secretary Ken Skates opened the first two sections of the Llangefni link road, a key strategic project.
Anglesey’s head of regulation and economic development, Dylan Williams, said: “These new units will support the continued economic growth of Anglesey, the wider North Wales region and the ongoing development of our Energy Island programme.
“Securing £4.2m EU funds is testament to the quality of our proposals and location of these schemes. This funding will enable us to create opportunities for growth, develop the success of the Enterprise Zone, and we hope to see other infrastructure investments taking place in the future.”
Related Articles
Analysis - The Subplot
The Subplot | Gigafactories are out, data centres are in
Blackstone’s mega data centre has risen from the ashes of BritishVolt’s Northumberland dreams. What does the stalling EV revolution mean for the push for data centres? Plus: good news all around for Leeds offices and Newcastle BTR.
